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Norwegian Cruise Line: Prices Higher Going Into 2023

Norwegian Escape

Norwegian Cruise Line Holdings has provided a business update ahead of its 2022 Q4 and year-end financial earnings release.

As of December 31, 2022, the company said its booked position was approximately 62 percent for full year 2023, in line with previously outlined expectations, and at higher prices than 2019 at a similar point in time.

Fourth quarter Occupancy was approximately 87 percent, with the gap versus 2019 levels continuing to narrow sequentially.

‘We are also experiencing strong and broad-based onboard revenue generation even as occupancy increases,” the company said, also noting it expects to report a net loss for the quarter and full year ended December 31, 2022 and the first quarter of 2023.

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